May 11, 2023Liked by René Walter

Great round-up here. Subscribed. Thank you 🙏

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May 12, 2023Liked by René Walter

Thank you for round-up. However, coming back to the critique of Chiang’s article, tooo some extend his description of capitalism is simplistic, but so it is yours. The (only) point of the article is that we have to ask who owns the means of production of AI as it would be probably a critical force in structuring implementation of AI. Which is fair question to be asked at this moment. Back to your criticism, capitalism will not eat itself (even though I would love it to see it) as AI would be in hand of big capital. Claiming that the AI will reduce management positions might be true, nonetheless managers are class that might connect their interest with capital but they are not owners, they do not own means of production. Therefore, getting rid of management is not the end of capitalism.

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